5257 Highway 10, New Germany, NS B0R1E0
5257 Highway 10, New Germany, NS B0R1E0
5257 Highway 10, New Germany, NS B0R1E0
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$349,900
Est. payment /mo
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7,300 Sqft Lot
Active

5257 Highway 10 New Germany, NS B0R1E0

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Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision New Germany

MLS® Listing ID 202600672

Lot Size 7,300 Sqft

Acres 0.1676

Property Sub-Type Freehold

Property Description

Fully leased two unit commercial investment property in the heart of New Germany with strong cash flow and long term stability. The main floor is occupied by 2 Papas Pizza, leasing the space for $1,700 per month plus utilities with a secure lease in place until July 2029. The upper level consists of a renovated three bedroom, one bath apartment generating $1,800 per month plus utilities on a fixed term lease expiring August, 2026. The unit features an open concept kitchen and living area, large vinyl windows providing excellent natural light, and a main floor mudroom with laundry. Recent upgrades include new drywall, flooring, and a newer heat pump, with an additional energy efficient ducted heat pump available and ready to be connected. Major building improvements include new electrical panels and wiring, a metal roof, electric on demand water heater, hot water tank, and water softener systems. Located just 20 minutes from Bridgewater, this highly profitable property offers reliable income with minimal deferred maintenance. (id:24570)

Location

Province NS

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Heat Pump,

Cooling Heat Pump

Flooring Other

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Others

Ownership Freehold


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Listed by Engel & Volkers (Lunenburg)
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Tej Gill

Tej Gill

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+1(403) 969-7515

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5257 Highway 10